Brown-Forman Toasts Successful New Jack Daniel's Label, Booming International Markets in Fiscal Third-Quarter 2012

SUGAR LAND--March 8, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--Brown-Forman Corporation (NYSE:BF.B) (Louisville, Kentucky), a leading manufacturer of alcoholic beverages, including Jack Daniel's and Southern Comfort, held steady during the first quarter of the company's fiscal year 2012, as broad-based gains in international sales and a successful product addition to the resurgent U.S. whiskey market offset most of the negative effects from a major wine label sale and adjustments in distributor inventories. Net income for the quarter was reported to be $133.1 million, a 5.4% decrease from the fiscal first quarter of 2011.

Read the Complete Article >>>

Details on this Article:
Industry Segment: Food & Beverage
Word Count: 537 Words

Listen to Today's News

News Audio Library

Sync News Podcasts

Username:        Password:    

Related Articles

  North American Food and Beverage Industry Sees More than $1.4 Billion in Ne...

  Just Less than 400 U.S. Plants to Begin Operations in Second Half of 2013, ...

  U.S. Jobs Numbers Edge Up as Industrial Construction Starts Remain Strong i...

  Santos Plans New Water Treatment Facility in New South Wales